3-room apartment with 84 m² in Bamberg – available for rent furnished, attractive for both investors and owner-occupiers.

The apartment for sale at Siemensstraße 41 in Bamberg offers an attractive opportunity for both investors and those looking to purchase a home. Currently, the apartment is used as a furnished shared living space and is fully rented out. It also impresses with its well-designed layout, open living area, and balcony, making it suitable for buyers who may consider living in it themselves in the medium term. The apartment has approximately 84.0 square meters of living space and is currently rented out on a room-by-room basis with an all-inclusive model. The rent includes electricity, heating, water, internet, furniture, and all other amenities. This creates an established and easily manageable rental concept with ongoing income for investors. The current net cold rent is €1,423 per month, or €17,078 per year. The current gross rent is €1,760 per month. Based on the asking price of €319,000, the gross rental yield is approximately 5.4%, and the price-to-rent ratio is approximately 18.7. The monthly service charges for the apartment are €422, which includes approximately €190 for reserve funds. In addition, there are currently approximately... The electricity costs are €67 and the internet costs are €28. Taking into account other property-related costs, including a parking space at approximately €24, the total monthly operating costs amount to around €541. This is compared to the current monthly rent of €1,760, leaving a difference of approximately €1,219 before financing and taxes. As of December 31, 2023, the community's reserve fund totaled €748,845, of which approximately €15,011 is allocated to the apartment. In addition, a remaining useful life assessment is included, which, in the calculation example, assumes an increased depreciation rate of approximately 3.3% per year. This can improve the tax implications for investors. The already established rental structure is particularly interesting for investors. For owner-occupiers, the apartment offers a spacious and functional layout with three separate rooms, an open-plan living, dining, and kitchen area, a bathroom, a separate toilet, and a balcony.

The apartment is located at Siemensstraße 41 in Bamberg, in a well-connected residential area with excellent infrastructure. Shops for daily necessities, public transportation, and other essential services are easily accessible.

The location is particularly characterized by its practicality for everyday living. This is a key advantage of the location: short distances, good amenities, and convenient access within Bamberg. This makes it attractive both for renting out and for potential future use as a personal residence.

Bamberg experiences ongoing demand for housing from a variety of user groups. In addition to students and trainees, this includes young professionals, project staff, and individuals with flexible or temporary housing needs. At the same time, the property, due to its size and layout, is also suitable for buyers looking for a well-designed apartment with a balcony for their own use.